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Nov 27, 2012
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. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the democrats to come along with republicans. >> dana: aside from politics i don't think enough people are talking about what is the right policy and the right answer and solution to get the economy going again? see that social security and medicare is saved for the next generation. >> eric: one quick point, can we as five or the con seventives, bob you should be interested in this, too. forget social security. we pay to the social security system. it's self-fulfilling. >> bob: they pay in medicare, too. >> eric: but we way with payroll and fica to social security. government raids social security. only reason that social security is on table they took $2 trillion we paid into it. >> bob: dana's question do you want tr
. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the democrats to come along with republicans. >> dana: aside from politics i don't think enough people are talking about what is the...
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Nov 26, 2012
11/12
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boehner, harry reid, mitch mcconnell, and out for thanksgiving solely today are people trying to get back starting to draw the battle lines a little bit. we seem to have burned three weeks which is time is of the essence. david: i'm thinking three years ago obamacare on christmas eve, will it come down to that? >> maybe new year's eve january january 1, mandattry spending cuts kick in on the second of january. you hit on a very important point. congress only ask when there is the gamut swinging over their heads. they often do this around christmas time. it is the final train leaving the station. finishing the christmas shopping and people start to get itchy, i compare it to stockholm syndrome. people are sweating it out after a while they start to sympathize. david: i was saying is it an either or? tax rates go up or you get in and of deductions for the wealthy, and he seemed to say both. we should have a cap of $25,000 cap on abductions and marginal tax rate go up. do you think the president will hold out for that? >> harry reid this afternoon was adamant, hope the house republicans
boehner, harry reid, mitch mcconnell, and out for thanksgiving solely today are people trying to get back starting to draw the battle lines a little bit. we seem to have burned three weeks which is time is of the essence. david: i'm thinking three years ago obamacare on christmas eve, will it come down to that? >> maybe new year's eve january january 1, mandattry spending cuts kick in on the second of january. you hit on a very important point. congress only ask when there is the gamut...
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Nov 27, 2012
11/12
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president obama spoke with john boehner this weekend and expressed confidence the deal can't be reached before the deadline. that's what most americans want. in the the latest poll. >> when you're $16 trillion in debt, the only pledge we should make to each other is to avoid. >> you signed it 20 years ago, 18 years ago is for that congress. the world has changed. >> joining me now is the man in the middle of this storm, grover norquist. grover, welcome to you. >> good to be with you. >> you can't comply on the bounty the mutiny has begun: >> it's funny to watch a senator or congressman who got himself elected by promising the citizen of his state that he would go to washington to reform government and not to pay taxes. when the going gets rough he wanted to debt ceiling increase. the same cast of chakts are turns in the homework for the second tyne two years later and there's not a snowball rolling. the good news is the people that gave a commitment to the american voters. for four years president obama has not reined in spending. all he did is demand $1.6 trillion of tax increase so he
president obama spoke with john boehner this weekend and expressed confidence the deal can't be reached before the deadline. that's what most americans want. in the the latest poll. >> when you're $16 trillion in debt, the only pledge we should make to each other is to avoid. >> you signed it 20 years ago, 18 years ago is for that congress. the world has changed. >> joining me now is the man in the middle of this storm, grover norquist. grover, welcome to you. >> good to...
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Nov 28, 2012
11/12
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john boehner, speaker of the house, said he's optimistic a deal could be done. we rallied another 70 or 80 points at noon as president obama said he was trying to make a deal on the fiscal cliff by christmas. that's what the market wants to hear, they want a date. then we had a little bit of move towards the close as we heard qe-4 may be coming at the next fed meeting. that would be no surprise. we've been talking about that for a while. take a look at housing stocks. they did not participate in the rally. unusually down beat news here from the october new home sales. september revised to the downside as well. i think the problem here is the inventory of new homes is very limited right now in a lot of parts of the country. that limited the up side. retail stocks had a good day. express had positive comments as well as american eagle. >> thank you, bob. labor making its voice heard on the fiscal cliff. we're going to speak with the head of the service employees international union, seiu. they're hot on protecting social security, medicare and medicaid from any cu
john boehner, speaker of the house, said he's optimistic a deal could be done. we rallied another 70 or 80 points at noon as president obama said he was trying to make a deal on the fiscal cliff by christmas. that's what the market wants to hear, they want a date. then we had a little bit of move towards the close as we heard qe-4 may be coming at the next fed meeting. that would be no surprise. we've been talking about that for a while. take a look at housing stocks. they did not participate...
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Nov 26, 2012
11/12
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the wall street journal reporting the president obama and house speaker john boehner were talking over the weekend. connell: rich edson is on the story in d.c. rich: congressional and white house staff are still meeting. they last got together two weeks ago. congressional aide say they are still waiting for another invitation from the white house for the second meeting. two sources close to negotiations confirmed that tim geithner is the point man. he has been arguing there is too little revenue from simply closing tax reductions. republicans refused that approach. >> if you can simplify this tax code and make it more flat, eliminate all kinds of loopholes and gimmicks and actually increase revenue without raising the top marginal rate which most economists say would hurt this economy if we were to do it. rich: there is some discussion in washington about increasing it for a higher rate than what the president wants. the president wants it for $250,000 a year. a threshold will not make that much of a difference. raising the threshold to a half-million would mean 7 billion was to the tr
the wall street journal reporting the president obama and house speaker john boehner were talking over the weekend. connell: rich edson is on the story in d.c. rich: congressional and white house staff are still meeting. they last got together two weeks ago. congressional aide say they are still waiting for another invitation from the white house for the second meeting. two sources close to negotiations confirmed that tim geithner is the point man. he has been arguing there is too little...
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Nov 29, 2012
11/12
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as the january 1st deadline looms large over washington, republican heavyweights from house speaker john boehner to majority leader eric cantor announced yet again today they're willing to make major concessions to the democrats in order to avert disaster. take a look. >> republicans are committed to continuing to work with the president to come to an agreement to avert the so-called fiscal cliff. it's one reason why we believe that we put revenue on the table as long as it's accompanied by serious spending cuts. >> we have done our part. we have put revenues on the table. something that we dtdn't do two yearyears ago during the debt ceiling negotiations. >> sean: we'll get into what, quote, unquote, revenue really means, and whether it includes tax hikes. as you just heard from the republican leadership they're offering up real solutions on how to avoid falling often the so-called fiscal cliff. the president however still thinks he's out there on the campaign trail, in fact using the exact same class warfare that we all grew accustomed to during the election. instead of offering up a si
as the january 1st deadline looms large over washington, republican heavyweights from house speaker john boehner to majority leader eric cantor announced yet again today they're willing to make major concessions to the democrats in order to avert disaster. take a look. >> republicans are committed to continuing to work with the president to come to an agreement to avert the so-called fiscal cliff. it's one reason why we believe that we put revenue on the table as long as it's accompanied...
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Nov 26, 2012
11/12
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finally, there was one phone call over the weekend between president obama and house speaker john boehner. now i just heard from a white house official that tom done house, the head of the u.s. chamber, john engler, the head of the business u.s. roundtable are in the white house today meeting with staff. there hasn't been a lot of negotiating progress. i still think there is a generally optimistic mood this will get done but we have a lot of hard bargains between now and the end of the year. >> one of the sort of controversial men in the middle here has been grover norquist, one of the few guys in washington who goes by his own name, grover. his first name, i should say. there are reports that some republicans who signed his no tax hike pledge are backing away from him. in the "wall street journal" saturday, he said, no, nobody's backed off. what's the truth here? >> well, he's wrong about that. they are backing away from him. but i have to say, tyler, this is an issue that's much bigger than grover norquist pcht republican party has staked out tax issue for a long time. it is not because
finally, there was one phone call over the weekend between president obama and house speaker john boehner. now i just heard from a white house official that tom done house, the head of the u.s. chamber, john engler, the head of the business u.s. roundtable are in the white house today meeting with staff. there hasn't been a lot of negotiating progress. i still think there is a generally optimistic mood this will get done but we have a lot of hard bargains between now and the end of the year....
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Nov 26, 2012
11/12
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he talked to speaker boehner over the weekend by telephone. and today you've had two business leaders, john engler, tom donahue, in to meet with senior white house officials. they're trying to keep this going. aides on capitol hill tell me no substantive progress in negotiations just yet. they're just now getting back to work after thanksgiving. >> how does that make you feel about the market? does it make you feel like they have more kum-bi-ya going on in washington, d.c.? does it make you more willing to invest? >> i'll tell you what. i saw spielberg's "lincoln" over the weekend and it was incredible because it reminded me how nothing has changed on capitol hill. >> i agree with you 150%. >> in 150 years. >> don't you get tired of everybody saying, oh, washington is a mess right now. it's never been this bad. it's always been this bad. you see that in the movie. >> well, we had a civil war in the -- >> some say it's never been worse. it's been worse. >> go ahead, bill. do you think they can pull this off? >> the one thing it reminds us is yo
he talked to speaker boehner over the weekend by telephone. and today you've had two business leaders, john engler, tom donahue, in to meet with senior white house officials. they're trying to keep this going. aides on capitol hill tell me no substantive progress in negotiations just yet. they're just now getting back to work after thanksgiving. >> how does that make you feel about the market? does it make you feel like they have more kum-bi-ya going on in washington, d.c.? does it make...
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Nov 29, 2012
11/12
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the chairman is close to john boehner and i think they are consulted with each other. the talks already high level between the staff of john boehner and the obama administration. host: could this issue to be treated separately? guest: no. i think it will be decided in some kind of package at the end of the year. it could be a small package but they need to make a decision. host: kenneth, good morning. caller: i don't think the american people will get anything unless we let things go over the fiscal cliff. republicans will never agree to anything. i think obama needs to stick to his guns. guest: that is one of view of some liberals and some republicans say let's go over the cliff. then you get to cut tax rates. that is easier politically to do. nobody says it is their first choice. some say the democrats could have more leverage if we go over the cliff. some think tanks have said and most people understand it is a slope. it will be gradual. many people are looking to the stock-market to see what their reaction is if there is not a deal. that could have its own impact o
the chairman is close to john boehner and i think they are consulted with each other. the talks already high level between the staff of john boehner and the obama administration. host: could this issue to be treated separately? guest: no. i think it will be decided in some kind of package at the end of the year. it could be a small package but they need to make a decision. host: kenneth, good morning. caller: i don't think the american people will get anything unless we let things go over the...
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Nov 27, 2012
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boehner so there hasn't been a lot of concrete progress, but there is total progress in terms of the mood that members take into this. over the weekend we heard republican senators, as you alluded to, larry, breaking the so-called grover norquist pledge against raising taxes and white house press secretary jay carney reacted positively. >> some of the comments you mentioned are welcome, and they represent what we hope is a difference in tone and approach to these problems and a recognition that a balanced approach to deficit reduction is the right approach. it's the one that's most beneficial for our economy. >> reporter: larry, what i would say is tax increases does not necessarily, despite the rhetoric on both sides, and especially from democrats, does not necessarily have to mean increases in tax rates. it is possible, if you look at the estate tax, if you look at the treatment of dividends, capital gains and carried interest and take a look at loopholes and deductions to raise a significant amount of revenue from people at the top without changing the marginal rate, layery. >> ve
boehner so there hasn't been a lot of concrete progress, but there is total progress in terms of the mood that members take into this. over the weekend we heard republican senators, as you alluded to, larry, breaking the so-called grover norquist pledge against raising taxes and white house press secretary jay carney reacted positively. >> some of the comments you mentioned are welcome, and they represent what we hope is a difference in tone and approach to these problems and a...
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Nov 27, 2012
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this is the time for john boehner to show leadership. don't hold your breath. >> announcer: this is the "bill press show." before the cold & flu season help prevent with lysol. because when you have 10 times more protection with each hand wash... and kill 99.9% of germs around the house with each spray... those healthy habits start to add up. this season, a good offense is the best defense and lysol has your family covered because that's our mission for health. >> announcer: this is the "full court press." the "bill press show." live on your radio and on current tv. >> bill: send that guy to bahrain. 33 minutes after the hour now on the "full court press." tuesday, november 27th. what do you say? maybe you heard about the big bet. the big bet between the communications director with the democratic national committee brad woodhouse and the communications director for the republican national committee who shall remain unnamed because i forget -- >> sean spicer. >> bill: big bet was loser in the election would shave his head. well, the repu
this is the time for john boehner to show leadership. don't hold your breath. >> announcer: this is the "bill press show." before the cold & flu season help prevent with lysol. because when you have 10 times more protection with each hand wash... and kill 99.9% of germs around the house with each spray... those healthy habits start to add up. this season, a good offense is the best defense and lysol has your family covered because that's our mission for health. >>...
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Nov 28, 2012
11/12
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stuart: john boehner said he is optimistic that the fiscal cliff negotiations will speak successful. use the word optimistic. market coming back a little on that. as we told you earlier forbes saying that 11 states are in a death spiral. their words. don't buy house in the 11 states, don't invest in their municipal-bond. joiiing us from one of those states is scott kennedy in chicago, ill.. what do you make of that? >> i totally agree. i am not going to buy another house in this state ever again and as markets said, at some point we will run out of spending other people's money. we can support the maxes with the tax rate here and obamacare on top of that. we are in a death spiral and more people will be leaving the state. stuart: i think you are a lifelong illinois guy and you are saying you would never again buy house in this state? really? >> do you know what the real-estate taxes are here? astronomical land set to go higher so we are going to be taxing those who bought houses already. people are not going to buy any more but they can't rent either because nobody is buying. we have
stuart: john boehner said he is optimistic that the fiscal cliff negotiations will speak successful. use the word optimistic. market coming back a little on that. as we told you earlier forbes saying that 11 states are in a death spiral. their words. don't buy house in the 11 states, don't invest in their municipal-bond. joiiing us from one of those states is scott kennedy in chicago, ill.. what do you make of that? >> i totally agree. i am not going to buy another house in this state...
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Nov 27, 2012
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john harwood begins in ohio visiting the home state of house speaker john boehner asking constituents if their representative is representing them or not. the currents to rise above all day and i guess they mean their representative in congress and the representative in the white house asking both all day on "squawk box." tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd# 1-800-345-2550 ...i've been finding opportunities like this tdd# 1-800-345-2550 a lot more easily. tdd# 1-800-345-2550 like today, tdd# 1-800-345-2550 i was using their streetsmart edge trading platform tdd# 1-800-345-2550 and i saw a double bottom form. tdd# 1-800-345-2550 i called one of their trading specialists tdd# 1-800-345-2550 and i bounced a few ideas off of him. tdd# 1-800-345-2550 they're always there for me. tdd# 1-800-345-2
john harwood begins in ohio visiting the home state of house speaker john boehner asking constituents if their representative is representing them or not. the currents to rise above all day and i guess they mean their representative in congress and the representative in the white house asking both all day on "squawk box." tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd#...
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Nov 27, 2012
11/12
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we're heading to ohio's 8th district, home of john boehner. do his constituents think they're being faithfully represented. is he rising above as some say? why men might be the new women when it comes to retail. we have the controversial piece when "squawk on the street" comes back. n you take a closer . ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. >>> want to show you a live shot of tahrir square in cairo that is packed with protestors, of course. he's trying to take on near absolute power, allowing him to legislate by decree. basically very little court oversight. he tried to walk some back, b
we're heading to ohio's 8th district, home of john boehner. do his constituents think they're being faithfully represented. is he rising above as some say? why men might be the new women when it comes to retail. we have the controversial piece when "squawk on the street" comes back. n you take a closer . ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result,...
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Nov 27, 2012
11/12
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cuomo has invited house speaker john boehner to come to new york to tour the damage. >>> a peanut processing plant linked to salmonella won't we open today as planned. the fda stopped operations at sunland incorporated after 41 people in 20 states were sickened by tainted peanut butter. yesterday, the fda suspended sunland's registration preventing the company from producing or distributing any food. >>> was the death of former palestinian leader yasser arafat murder? was he poisoned? he died suddenly of a stroke, supposedly, in 2004, but a swiss lab said this summer that it found traces of a radioactive substance on his clothing. >>> the u.s. soldier accused of giving state secrets to wikileaks will speak for the first time since his arrest in 2010. bradley manning will testify today at a pre-trial hearing. he is expected to talk about his treatment, saying he's already been punished by being in solitary confinement. >>> you're not going to believe this. the pope mobile used by pope john paul ii on his visit to ireland in 1979 is now going to be used as a party rental. the "irish times" rep
cuomo has invited house speaker john boehner to come to new york to tour the damage. >>> a peanut processing plant linked to salmonella won't we open today as planned. the fda stopped operations at sunland incorporated after 41 people in 20 states were sickened by tainted peanut butter. yesterday, the fda suspended sunland's registration preventing the company from producing or distributing any food. >>> was the death of former palestinian leader yasser arafat murder? was he...
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Nov 28, 2012
11/12
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CURRENT
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you get a structural deficit approaching a trillion dollars a year which is why i think even john boehner when he sits down, smart guy says i acknowledge we've got to do something on the revenue side. that's where i think grover norquist, not to make him the lightning rod is in a tight bientd because the numbers don't add up. that's where your argue really falls apart. >> i guess what i'm presenting more is the political picture that it's going to be -- not withstanding the assertion that it is 15% of gdp. where it should wind up, you can find a lot of conservatives who would say 15% of gdp is too much anyway but that's a separate argument. what i'm saying is politically it will be very, very tough on those republicans, other than the current ones who have announced they have sort of abandoned the pledge. these guys were doing it for the last couple of years anyway to. see the leadership in the republican house do it, they may wind up some challenges. the republican party in the house is used to having a coup d'etat. >> eliot: as a democrat, i would love to see the primaries from the far
you get a structural deficit approaching a trillion dollars a year which is why i think even john boehner when he sits down, smart guy says i acknowledge we've got to do something on the revenue side. that's where i think grover norquist, not to make him the lightning rod is in a tight bientd because the numbers don't add up. that's where your argue really falls apart. >> i guess what i'm presenting more is the political picture that it's going to be -- not withstanding the assertion that...
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Nov 29, 2012
11/12
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thank you, john. in the meantime, the man who brokers some pretty night deals for lawrence taylor, what about this one between president obama and speaker boehner? and like s. or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>neil: maybe we just got ahead of ourselves. progress is looking not so good on the budget talks with ed henry at the white house with the latest. i am confused. where are we? >>reporter: santa geithner came to capitol hill and there was optimism but he came without bearing gifts and officer speaker wanted to see something on specific spending cuts. speaker boehner suggested the talks are going form right now. if there is any optimism it is the white house trying to both some life into the talks with too little bits of movement. james carney said the president is now open to spending cuts being part of the fiscal cliff talks. yesterday, the president suggested the tax changes now can be done
thank you, john. in the meantime, the man who brokers some pretty night deals for lawrence taylor, what about this one between president obama and speaker boehner? and like s. or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>neil: maybe we just got ahead of ourselves. progress is looking not so good on the budget talks with ed henry at the white house with the latest. i am confused. where are we?...
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Nov 27, 2012
11/12
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that's house speaker john boehner. that's because any deal that involves raising tax revenue will face its biggest hurdle in the house of representatives. republicans traditionally have been very opposed to tax increases. they still don't want to do it the way the president wants to do it which is raising taxes on the wealthy. >>> when i spoekd with warren buffett i asked about a replacement for secretary treasure tim geithner. >> if he were to appoint somebody like jamie diamond. >> i think that might be a big signal. i think jamie dimon would be terrific because i think he -- if we did run into problems in markets, i think he would actually be the best person you could have. >> another name mentioned is larry fink the chair manned ceo of blackrock, the world's largest money management firm. he joins us this morning. pleased to have him here. welcome. >> good morning. >> we want to talk about how you see the fiscal cliff and where you think the economy is. first the global and domestic economy, is the recovery sustain
that's house speaker john boehner. that's because any deal that involves raising tax revenue will face its biggest hurdle in the house of representatives. republicans traditionally have been very opposed to tax increases. they still don't want to do it the way the president wants to do it which is raising taxes on the wealthy. >>> when i spoekd with warren buffett i asked about a replacement for secretary treasure tim geithner. >> if he were to appoint somebody like jamie...
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Nov 26, 2012
11/12
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eric cantor was right to the extent that what john boehner was articulating was a new position. that is to say, we're putting revenue on the table, actual tax increases in the short term. whether or not you're talking about rates or loopholes, if you get money from the same people, there's no particular economic or fairness difference -- >> but, john, with the greatest respect, wasn't that what mitt romney suggested for a year on the campaign trail? >> reporter: no, because mitt romney was not -- he was talking about closing loopholes but not about raising revenue. he was proposing a revenue neutral tax reform that would actually lower the rates. what boehner is talking about is actually closing some loopholes in a way that raises money beyond what the government's going to get, and, again, i emphasize not just from what the they call dynamic scoring but actual near-term tax increases, and i think that is a concussion to the degree they follow through on it and can get the votes in the house. >> john harwood there being very positive. let's hope so, john. thanks so much. >> you
eric cantor was right to the extent that what john boehner was articulating was a new position. that is to say, we're putting revenue on the table, actual tax increases in the short term. whether or not you're talking about rates or loopholes, if you get money from the same people, there's no particular economic or fairness difference -- >> but, john, with the greatest respect, wasn't that what mitt romney suggested for a year on the campaign trail? >> reporter: no, because mitt...
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Nov 27, 2012
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boehner who was on the phone with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senators lindsey graham, saxby chambliss, congressman peter king among other republicans who said they'd be willing to break away from grover norquist's anti-tax pledge. will you say if you're willing to break that pledge in order to save the country from the fiscal cliff. >> hello, thomas. and first of all, i signed that pledge two years ago, and the reason
boehner who was on the phone with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is...
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Nov 29, 2012
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and boehner who, by the way, the best thing to happen to john boehner yesterday was tom cole because for the first time boehner gets to be the middle ground in the house republican conference, right? he's got the guys to his right who want him to do nothing. but now he's finally got people on his left. that hadn't existed before. the boehner folks won't publicly admit it at all, but yesterday was a good day for john boehner to cut a deal that perhaps will be a deal that doesn't have him having to go to the floor with a majority of the majority, joe. >> i absolutely love the posing and the positioning as both sides are playing for the base of their own parties. i'm wondering if john boehner and barack obama got together, had their short conversation and say hey, why don't we characterize this as a curt, short, curt conversation. that will help you with your people. that will help -- didn't you love that? you know, we hear they talked, and they had a curt conversation. >> reporter: yeah. there is truth to that. >> exactly what both sides wanted to hear. >> reporter: no, there is truth
and boehner who, by the way, the best thing to happen to john boehner yesterday was tom cole because for the first time boehner gets to be the middle ground in the house republican conference, right? he's got the guys to his right who want him to do nothing. but now he's finally got people on his left. that hadn't existed before. the boehner folks won't publicly admit it at all, but yesterday was a good day for john boehner to cut a deal that perhaps will be a deal that doesn't have him having...
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president called john boehner, the speaker, over the weekend. they talked this afternoon. white house chief of staff is meeting with tom donahue, president of the u.s. chamber. john engler, president of the u.s. roundtable is also at the white house. but the most important thing that's happened so far pending any agreement on details is that republicans are beginning to crack in their absolute opposition to increases in tax revenue. not tax rates but revenue. here's two senators in interviews over the last two days. >> i agree we shouldn't raise rates but i think grover is wrong whether it comes to we can't cap deductions and buy down debt. what do you do with the money? i want to buy down debt and cut rates to create jobs but i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> i'm not obligated on the pledge. i made tennesseens aware. i was just elected. i made aware the only thing i'm honoring is the oath i take when i'm sworn in this january. >> both of these senators are saying they aren't going to
president called john boehner, the speaker, over the weekend. they talked this afternoon. white house chief of staff is meeting with tom donahue, president of the u.s. chamber. john engler, president of the u.s. roundtable is also at the white house. but the most important thing that's happened so far pending any agreement on details is that republicans are beginning to crack in their absolute opposition to increases in tax revenue. not tax rates but revenue. here's two senators in interviews...
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Nov 29, 2012
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simon hobbs. >> john boehner, the possibility he may speak. let's see how far we can get for a rundown of the european markets. should you be invested in european equities now? don't worry about today's trade. check out this board of where we are now on the dow jones industrial average versus what's happening in europe. see the late surge coming through from the european equities on the white line? you now have a substantial outperformance for the year from those blue chips on the other side of the atlantic. we talk about europe all the time. you know the dynamics within that. looking forward, goldman sachs is actually suggesting you will make more money in european equities next year than you will in american equities. they believe that the dow jones stock's 50 will climb higher to 3,000. that's a 16% gain on that market. on the broader market next year in europe, goldman sachs thinks you will make 18%. its projection here for the s&p is for a gain of only 11% or 12%. it may be that you'll make more money according to goldman sachs next year
simon hobbs. >> john boehner, the possibility he may speak. let's see how far we can get for a rundown of the european markets. should you be invested in european equities now? don't worry about today's trade. check out this board of where we are now on the dow jones industrial average versus what's happening in europe. see the late surge coming through from the european equities on the white line? you now have a substantial outperformance for the year from those blue chips on the other...
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boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we saw what happened last time, you can get your debt downgraded and has real economic consequenc consequences. and that's why when people think about the fiscal cliff, we all assume that sane minds will prevail and they'll come up with some deal. there's no guarantee that sane minds will prevail. and recent history would suggest that sanity almost never prevails in washington. so you can assume it's going to be more difficult than we think. you can assume that the bush tax cuts might all go away for a short period of time. and you cannot assume they just raise the debt limit. you cannot make that assumption. >> are the p
boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we...
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john boehner, house democrats, and president obama talk about the fiscal cliff. several live events to tell you about tomorrow morning. a report on british media practices that included among other things, phone hacking of people of in the new spirit that is on c-span 2. on c-span 3, the senate environment and public works committee will hear about the impact of hurricane sandy. coming up, former congressional leaders talk about what congress learn from the 1990 agreement. from the bipartisan policy center, this is under two hours. >> ok. welcome. i am the director of public administration program. i want to welcome you to the session, which we are calling looking back to move a forward. this is co-sponsored by george mason university and the bipartisan policy center. it is our pleasure to put this on and to recognize with all the frenzy about the fiscal cliff that we have a history. some of the history is successful in resolving deep seated hard choices. that is will we will look back and talk about today and see whether we can learn any lessons from the experie
john boehner, house democrats, and president obama talk about the fiscal cliff. several live events to tell you about tomorrow morning. a report on british media practices that included among other things, phone hacking of people of in the new spirit that is on c-span 2. on c-span 3, the senate environment and public works committee will hear about the impact of hurricane sandy. coming up, former congressional leaders talk about what congress learn from the 1990 agreement. from the bipartisan...
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Nov 26, 2012
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john boehner has a job once he negotiates with the president and other leaders of getting it through that chamber. i talk to a senior staff level member on the democratic side today in the senate who predicted that we're likely to see a two-stage negotiation and two-stage result. the first by the end of the year would be about a $1 trillion beginning of the $4 trillion overall package and the rest would be legislated next year. we'll see whether they can get that done, carl. >> hey, john, between chambliss, graham, and corker, and with regards to the norquist pledge, have we reached some critical mass here? are we at a tipping point or not? >> well, we are in the senate, but, of course, we have been. you had a lot of senators in 2011, the gang of six, which ultimately swelled to a much larger number who were willing to do it. the real difficulty in the house. of course, they've had their majority re-elected, although in a smaller, slightly shrunken forum. i think he perceives a different environment. i think some of those members wi. now they've got to get a deal that will pass. >> t
john boehner has a job once he negotiates with the president and other leaders of getting it through that chamber. i talk to a senior staff level member on the democratic side today in the senate who predicted that we're likely to see a two-stage negotiation and two-stage result. the first by the end of the year would be about a $1 trillion beginning of the $4 trillion overall package and the rest would be legislated next year. we'll see whether they can get that done, carl. >> hey, john,...
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apparently he called and he talked to john boehner on the phone. they had a deal almost. once before. i think the outlines of it will be revived and they have to figure out how to structure it. some down payment by the end of the year. some instructions to the tax write-in committee about how much money you will get out of revenue, entitlement and spending. then they can go forward. it really do think that the basic structure of this has not been blown up. >> bret: steve? >> yeah. i mean, i don't have a problem with the president making his case in philadelphia. that is fine. he is the president and he is entitled to do that. i have a problem on the emphasis on taxes and re-knews. that is all we have had a discussion of at this point. the way to solve our long-term debt issues as everybody in this entire town knows is by reforming entitlements. there has been so little discussion of reforming entitlement to this point, very little of it in public. back when they had negotiations the first time, the president wouldn't put anything out on paper. now you're having calls from
apparently he called and he talked to john boehner on the phone. they had a deal almost. once before. i think the outlines of it will be revived and they have to figure out how to structure it. some down payment by the end of the year. some instructions to the tax write-in committee about how much money you will get out of revenue, entitlement and spending. then they can go forward. it really do think that the basic structure of this has not been blown up. >> bret: steve? >> yeah. i...
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. >> i can tell you from having visited john boehner's district north of cincinnati last week the fis cliff maybe an abstract discussion here in washington but out there in southwestern ohio, if we tip back into recession, the economic pain would be very real. middle town and the rest of southwestern ohio has been working its way back economically from the long-term loss of manufacturing jobs and troubles in the auto industry. the last thing this area needs now another economic setback from the fiscal cliff. house speaker boehner and his colleagues in the congressional leadership have founded conciliatory notes about their prospects that sounds like good news here at the local chamber of commerce here in middle town but only up to a point. >> i want to be confident. i want to be optimistic but no i think i would rather be veered at this point. >> reporter: one of the speakers constituents, steve hightower, has a petroleum distribution business, like the economy is doing well. he has known boehner for years and believes the speaker wants to make a deal with president obama to avoid the
. >> i can tell you from having visited john boehner's district north of cincinnati last week the fis cliff maybe an abstract discussion here in washington but out there in southwestern ohio, if we tip back into recession, the economic pain would be very real. middle town and the rest of southwestern ohio has been working its way back economically from the long-term loss of manufacturing jobs and troubles in the auto industry. the last thing this area needs now another economic setback...
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john boehner went to the white house ten days ago and said republicans in the house were willing to put revenues on the table. that was a big move. >> by the standards of republican politics, ben, that was a big move. and eric cantor is doing something pretty important there. i just want to say before we go into all of the nitty-gritty details, tell us about what it means for eric cantor to basically reposition this conversation away from grover norquist, who as i said is something of a hero to house republicans. >> he is. i think it's important to note that grover norquist has not always been completely against all revenues. they're moving in terms of putting revenue on the table that's not marginal increases. i think grover gets a little bit of a bad rap on being an opponent to anything that involves anything in any way. i don't think they're distancing that much on that topic. but it is a move for republicans who have admitted we need to raise more revenue. the question is how. can we do it by eliminating mortgage deductions, by charitable deductions, by capping the number of deducti
john boehner went to the white house ten days ago and said republicans in the house were willing to put revenues on the table. that was a big move. >> by the standards of republican politics, ben, that was a big move. and eric cantor is doing something pretty important there. i just want to say before we go into all of the nitty-gritty details, tell us about what it means for eric cantor to basically reposition this conversation away from grover norquist, who as i said is something of a...
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our next guest met with john boehner on capitol hill yesterday. tom wilson is the ceo of the insurance giant allstate. i see in your preinterview notes you've got some good news, but the way you say it, i'm concerned about where we are. let me start with the good news which moons that there's some bad news. what do you mean? >> sure. i am concerned. the good news is -- and we met with the democrats who control the snachlt we met the republicans who control the house, the white house economic team. so we saw all sides of this. the good news is we all agree this is an opportunity to show the rest of the world we know how to run our house economically. they all want to make a deal, three, they all agree it's a $4 trillion number and four, they all agree -- there's three kmoents. we've got reform entitlement, raise revenue and reduce spending. so those are all the good things. you want to know the bad news. >> yeah, i guess. >> yeah. okay. so the bad news is nobody's really decided how much of that $4 trillion goes into each of the three buckets. so r
our next guest met with john boehner on capitol hill yesterday. tom wilson is the ceo of the insurance giant allstate. i see in your preinterview notes you've got some good news, but the way you say it, i'm concerned about where we are. let me start with the good news which moons that there's some bad news. what do you mean? >> sure. i am concerned. the good news is -- and we met with the democrats who control the snachlt we met the republicans who control the house, the white house...
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the president's been in negotiations with house speaker john boehner and has said he's willing to put almost anything on the table except social security. he wants to deal with that separately next year, but republicans want all entitlements included in talks. they want the president to make the first move with an initial proposal. and the white house says it has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>> coming up on the morning news, click and shop. cyber monday rings up record sales on what's expected to be the busiest online shopping day of the year. this is the morning news. [ female announcer ] born from the naturally sweet monk fruit, something this delicious co
the president's been in negotiations with house speaker john boehner and has said he's willing to put almost anything on the table except social security. he wants to deal with that separately next year, but republicans want all entitlements included in talks. they want the president to make the first move with an initial proposal. and the white house says it has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan...
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boehner talking about putting obamacare in the fiscal cliff discussion and they did not come downie their way on that but they are stepping out talking about the urgent need to fix the fiscal cliff. >> these companies have two strikes against the. the fiscal cliff and obamacare and reliant on prescriptions for elderly. liz: it is not generic but cheap drugs, being fixed. again and again i am watching the slow parade of ceos and companies, you see the usual suspects. is striking to see walgreen's and cvs because these guys don't discuss public policy and i don't think it is to butter up the guys in washington. i don't think any a seat at the table. dave: when you said she drug all of our crew looked up. what is going on? i don't know. i just throw that in. see you later. coming up next a look at the important news on the radar for next week that will be moving markets. tracy: black friday shoppers need to be extra careful in the parking lots and it is not because i am there. [ male announcer ] how do you tde? with scottrader streaming quotes, any way you want. fully customize it for
boehner talking about putting obamacare in the fiscal cliff discussion and they did not come downie their way on that but they are stepping out talking about the urgent need to fix the fiscal cliff. >> these companies have two strikes against the. the fiscal cliff and obamacare and reliant on prescriptions for elderly. liz: it is not generic but cheap drugs, being fixed. again and again i am watching the slow parade of ceos and companies, you see the usual suspects. is striking to see...
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. >> i'd like to associate myself with the concerns -- >> in a letter to house speaker john boehner the former congressman jesse jackson junior prioritizes his health as the reason he is stepping down. he does acknowledge the investigation that dogged him. writing i have made my share of mistakes and aware of the ongoing federal investigation in my activities and doing my best to address the situation responsibly. cooperate with investigators and accept responsibility for my mistakes. they are my mistakes and mine alone. they talk about skimming campaign found remodel his house and buy expensive jewelry for a mist res. he was investigated by the investigating committee after being caught up in the blagojevich scandal. he met with businessmen who raise money for blagojevich if jackson were appointed to the senate seat vacated by president obama in 2008. >> they feel like they can do this [bleep] to do anything under the vague assurances, or something, then i'll [bleep] jesse junior. >> this is a long fall for a congressman initially thought to be a rising star on capitol hill. with terri
. >> i'd like to associate myself with the concerns -- >> in a letter to house speaker john boehner the former congressman jesse jackson junior prioritizes his health as the reason he is stepping down. he does acknowledge the investigation that dogged him. writing i have made my share of mistakes and aware of the ongoing federal investigation in my activities and doing my best to address the situation responsibly. cooperate with investigators and accept responsibility for my...
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i had a comment about john boehner. i think he has, out of all of the republicans i actually like him when he says i'm -- i'm a commoner. i think he needs to stay with that and be supportive of the people that are still working like that. not just use it as a -- to make himself look calm. >> stephanie: we'll see what happens this time. he was working with the president on trying to get a grand bargain or whatever you want to call it last time. we're in a different reality now. >> i really like him. i don't like any other republicans. one chance to throw everybody under the bus instead of making himself look like an idiot with these people and stand up and protect us. protect the people still among floors at the bars. >> stephanie: actually was a tavern jim. >> work at a tavern. >> stephanie: i respect a man that cries other times than when something heavy falls on him but he cries a little too much for my taste and usually only about himself. just saying. about his own -- i don't know. >> self-pity. he has no comprehens
i had a comment about john boehner. i think he has, out of all of the republicans i actually like him when he says i'm -- i'm a commoner. i think he needs to stay with that and be supportive of the people that are still working like that. not just use it as a -- to make himself look calm. >> stephanie: we'll see what happens this time. he was working with the president on trying to get a grand bargain or whatever you want to call it last time. we're in a different reality now. >> i...
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i have faith in john boehner putting together a good package. he is very conciliatory in his language. >> i do am opposed to raising tax rates but i do believe we can close loopholes. >> they have to go up real tax rates or effective tax rates. there are ways to do that. secondly we have to close significant loopholes. martha: all right. what are we hearing here? are he starting to hear a little bit of common ground? a high level meeting as you just heard on the fiscal cliff is expected this week at the white house with the president getting involved. nobody knows exactly when that will take place and who all of the players will be. we'll talk to senator sessions. bill: listen carefully on the language as we work through this. nearly all americans will see their taxes go higher if congress does not reach a deal by the 1st of january. 158 million americans would be affected. every household in the country would pay 3500 more in taxes in 2013. 88% of households would see their taxes rise. martha: even the white house is warning that the uncertaint
i have faith in john boehner putting together a good package. he is very conciliatory in his language. >> i do am opposed to raising tax rates but i do believe we can close loopholes. >> they have to go up real tax rates or effective tax rates. there are ways to do that. secondly we have to close significant loopholes. martha: all right. what are we hearing here? are he starting to hear a little bit of common ground? a high level meeting as you just heard on the fiscal cliff is...
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meanwhile the white house says president obama called house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how important is it that we get an agreement before the end of the year? >> this is like the debt ceiling argument. people got into a panic. that's something we even imposed on ourselves to decide that the debt shouldn't go too high. so it's not a bad thing. same with the fiscal cliff. what are we saying with the fiscal cliff? we're saying the economy might be revealed to be what it's actually doing because we'll take away the artificial supports because we think it's held any enough now to maybe after itself. that might entail a step drop because at the moment we're giving these tax breaks, but we'r
meanwhile the white house says president obama called house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how...
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boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakers. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but mo macy's and costco were tagged with huge loss es today. i believe the holiday sales are far are flat-out strong. amazing numbers from apple, like a rocket since it hit the 505 level last week. terrific ipad mini sales. wasn't that a product the doom and gloomers had rin owritten o still born a few weeks ago like the iphone 4, by the way? i believe the chinese momentum is lasting. europe, total black box. one being minimized in its importance for american companies. the fis acal cliff, i saw a ste backward in positions. those who think rising above is a political judgment, when it is a judgment about the need to rid washington of politics. that even a fool knows it's ruining this great country. bottom line, g
boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakers. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but mo macy's and costco were tagged with huge loss es today. i believe the holiday sales are far are flat-out strong. amazing numbers from apple, like a rocket since it hit the 505 level last week. terrific ipad...
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well, john boehner went to the white house ten days ago and said, hey, republicans in the house are willing to 0 put revenues on the table. that was a big move, right? and we said we are going to do that in the name of trying to fix the problem to respond to the electorate that re-elected this president, but at the same time we say we weren't elected to raise taxes. we want to help people get back it to work. >> so is it safe to say there might be a scenario in which that pledge would not apply or would be put to the side for compromise? >> you know, mika, i haven't talked to grover norquist so i don't know what he wants to do with his pledge. what i know is the constituents that i represent and i believe most american people want to see, number one, more jobs created. and let me tell you a story that i think is relevant to this question. i was in montana during the campaign and i met a gentleman who had taken a job as a cook at an airport restaurant. and he told me, please fix this problem because i want to get back to my profession which was construction in the real estate industry. he sa
well, john boehner went to the white house ten days ago and said, hey, republicans in the house are willing to 0 put revenues on the table. that was a big move, right? and we said we are going to do that in the name of trying to fix the problem to respond to the electorate that re-elected this president, but at the same time we say we weren't elected to raise taxes. we want to help people get back it to work. >> so is it safe to say there might be a scenario in which that pledge would not...
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and then with house republicans including speaker john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then house minority leader nancy pelosi. president obama is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal for higher taxes for those who make more than a quarter million dollars a year. sdl bo >> both sides have acknowledged that there will be revenue concessions and sbilgtment cent concessio concessions. i'm not a master of the political art here, but i would say if you have these point of views in a business context as close as they are, i would say a deal would be in reach. >> ford chairman bill ford junior agrees with blankfein saying he's confident the obama administration can reach a deal with congress to avoid the fiscal cliff. but speaking with reporters in bangkok, he says the a
and then with house republicans including speaker john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then house minority leader nancy pelosi. president obama is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal...
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when asked if secretary geithner had shown up at the office of house speaker john boehner today to begin negotiating, jay carney said he could not account for secretary geithner's precise whereabouts. shep. >> shepard: james rosen live at the white house. thanks. worries about the so-called fiscal cliff are not doing much good for our 401(k)s. stocks were down today. the dow lost almost 90. nasdaq fell 9. s & p 500 down 7. analysts say investors are concerned about whether these lawmakers will get together and reach a deal. those worries overshadowed a couple of positive developments. gerri willis is here. we got a report showing that americans are, i don't know, feeling better and so much of this is about how we feel about the economy. >> oh, yeah. that's right. investors may not like it, but consumers love it. their confidence, the highest level in many, many months. still below 90, which is really the point at which you see a really strong and robust economy. but the fact that consumer confidence has been doing so much better, it's very important. now, here is possibly a source of the
when asked if secretary geithner had shown up at the office of house speaker john boehner today to begin negotiating, jay carney said he could not account for secretary geithner's precise whereabouts. shep. >> shepard: james rosen live at the white house. thanks. worries about the so-called fiscal cliff are not doing much good for our 401(k)s. stocks were down today. the dow lost almost 90. nasdaq fell 9. s & p 500 down 7. analysts say investors are concerned about whether these...
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and i wonder if all this campaigning is going to make it more difficult for the president and john boehner to bring their wings of the parties back in for any sort of a deal. because it seems like both sides are getting their back up at this point. >> well, i don't think it's making it more difficult, becky. i think what happens is at the beginning of a negotiation, everybody is sort of staking out their positions and their demands. you know, the demand by democrats, for example, that social security and medicare not be part of this discussion, that's not a sustainable demand. everybody knows that entitlement programs, the president has said so, have to be part of this. now, exactly what proportion and when they're part of it, those are things that you can talk about, but, no, they are part of this deal. so are tax increases, and, you know, republicans taking out the position that, well, we can't touch tax rates, we can touch tax loopholes, everybody's got to wait and see how the math adds up. this is an extremely complicated and difficult thing. >> i don't think -- i don't think it's well
and i wonder if all this campaigning is going to make it more difficult for the president and john boehner to bring their wings of the parties back in for any sort of a deal. because it seems like both sides are getting their back up at this point. >> well, i don't think it's making it more difficult, becky. i think what happens is at the beginning of a negotiation, everybody is sort of staking out their positions and their demands. you know, the demand by democrats, for example, that...
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Nov 26, 2012
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. >> and john boehner's called for a short term fix to overt the fiscal cliff so congress can work on on a bigger deal in 2013. but in an op-ed, republican senator bob corker says both sides need to carve out a $4 trillion package that includes both revenue hikes and spending cuts by the end of the year. >>> still to come, the miss crest shopping day of the year for online retailers. snapping up deals on big ike ket item. we'll get a look. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> today is cyber monday. analysts say it's not as big a day as it's been in past. so many people shopping online over the weekend. but com score still says sales might reach $1.5 billion. pierce, sunday it earlier, consumers appear to be on fire. >> kind of defies gravity a little bit. but with the consumer confidence data in the last three months, the consumer confidence numbers are up at five yea
. >> and john boehner's called for a short term fix to overt the fiscal cliff so congress can work on on a bigger deal in 2013. but in an op-ed, republican senator bob corker says both sides need to carve out a $4 trillion package that includes both revenue hikes and spending cuts by the end of the year. >>> still to come, the miss crest shopping day of the year for online retailers. snapping up deals on big ike ket item. we'll get a look. having you ship my gifts couldn't be...
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Nov 27, 2012
11/12
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what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the americans for tax reform pledge. most recently we saw house majority leader eric cantor. do you believe more republicans will stick by this? >> what we're finding out right now zoraida is that there's a little bit of coming to jesus moment about how to fix the fiscal cliff. for republicans perhaps it is going to be higher taxes. for democrats there's going to have to be some changes to entitlement reform. but grover norquist has been really the person pushing this no tax pledge, has been on our airwaves. he's been talking a lot about it. let's hear what he had to say about republicans who might
what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the...
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Nov 28, 2012
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i guess the opposite of the way they've negotiated inside with john boehner and others on past deals. >> yeah, the president feels he has very strong cards here and one of the strategies of the white house is that if we go over the cliff, if all those tax cuts are allowed to expire, the president has real ways to extract pain from the republicans. polls already show people are more likely to blame republicans and here's something very important. republican leaders know that. joe scarborough writes on politico right now that when eric cantor, the number two house republican was there on your set, that he noticed a different tone from him and seeing more and more signs of that as the week goes along, the republican leaders recognize that the president has an inaugural address, a state of the union address and a lot of high-profile ways to pin the blame on them and so today we have this remarkable movement position by tom cole, one of the most politically savvy republicans who told their whip team that they would be better off to cave, that they would be better off to give what he calls
i guess the opposite of the way they've negotiated inside with john boehner and others on past deals. >> yeah, the president feels he has very strong cards here and one of the strategies of the white house is that if we go over the cliff, if all those tax cuts are allowed to expire, the president has real ways to extract pain from the republicans. polls already show people are more likely to blame republicans and here's something very important. republican leaders know that. joe...